What do all product-based businesses do? They keep track of inventory. Some business owners are able to keep a running tab of stock levels in their heads or organized in an excel spreadsheet. After a certain point, this method is no longer workable. Larger businesses require alternate solutions to manage their inventory. How do
How has your world changed over the past year? Think about how our lives were pre-Covid-19. It is amazing what we took for granted in our everyday lives, including how easily we were able to source products. Face to face meetings, dinner, and social interaction for relationship building has been replaced with Zoom calls,
Customer satisfaction, future business, and the reputation of your company all hinge upon how efficient and reliable your logistics partner is and how well they can respond to the inevitable unexpected problems that arise. The nature of day-to-day business today is extremely fast paced. Thanks to modern technology, orders are placed and received within
Although it can be difficult and challenging to accept new meeting requests and sales inquiries, the investment made can and does pay dividends long term to your business. To rely solely on your known existing supplier base for your procurement needs is a huge and unnecessary risk in today’s marketplace. Here’s three reasons why
Over the past several days, many suppliers within the packaging industry have announced implementation of structured supply allocations. Three drivers affect the supply chain: 1) immediate demand for hand sanitizer and surface cleaners. 2) A shift from wholesale (restaurants) to retail packaging. 3) the ripple effect of the long lead-times causing companies to
